A Concise Intro To Logic
12th Edition
ISBN: 9781305147775
Author: Hurley
Publisher: Cengage
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What is the difference between a simple and a complex argument? In your answer, make sure you clearly define each before providing a comparison.
Sometimes an issur with a property is discovered during the pre-closing stage. Buyers may be willing to accept deficiencies if they an compensate through a price reduction. Which of the following is correct regarding adjusting a purchase price to offset a deflciency.Select one: O. The value of the price adjustment may become a matter of negotiations between the parties.
O. A new agreement of purchase and sale must be drafted and signed to finalize the price adjustment.
O. A formal appraisal is always required to determine the adjusted purchase price.
O. Buyers are contractually obligated to negotiate an adjusted purchase price.
Which statement about allocation of risk regarding differing site conditions and bidding is not correct?
A contractor bids higher for a project on which he assumes more risk regarding differing site conditions.
Unit prices in a bid help to mitigate the risk of differing site conditions to an owner and a contractor.
A contractor’s bid will be affected by the allocation of risk.
Differing site conditions are typically less of a source of contention for cost-plus contracts than for lump-sum contracts.
An owner should expect higher bids if he accepts more of the risk for himself regarding differing site conditions
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- By takeover constraint, we mean constraints placed by the firm on raiders who want to takeover the firm.legal constraints that limit the ability of the raiders to acquire a firm.provisions in the charter of a company that prevents it from attempting a takeover of other companies.the risk of being acquired by a hostile raider.arrow_forwardIn relation to existing duties, which following statement is incorrect? Performance of existing duties can amount to good consideration. Where the existing duties are exceeded, this may amount to good consideration. Where the promisee confers a benefit on the other party, this may amount to good consideration. Where the promisee assists the other party in avoiding a detriment, this may amount to good considerationarrow_forward
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